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Side-by-side financial comparison of Soluna Holdings, Inc (SLNH) and Stereotaxis, Inc. (STXS). Click either name above to swap in a different company.

Stereotaxis, Inc. is the larger business by last-quarter revenue ($8.6M vs $8.4M, roughly 1.0× Soluna Holdings, Inc). Stereotaxis, Inc. runs the higher net margin — -64.0% vs -284.7%, a 220.7% gap on every dollar of revenue. On growth, Stereotaxis, Inc. posted the faster year-over-year revenue change (36.3% vs 11.8%). Over the past eight quarters, Stereotaxis, Inc.'s revenue compounded faster (12.1% CAGR vs -8.8%).

Stereotaxis Inc. is an American publicly traded medical technology company based in St. Louis, Missouri, that makes robotic systems used by physicians to perform minimally-invasive endovascular procedures, including electrophysiology studies and cardiac catheter ablation procedures.

SLNH vs STXS — Head-to-Head

Bigger by revenue
STXS
STXS
1.0× larger
STXS
$8.6M
$8.4M
SLNH
Growing faster (revenue YoY)
STXS
STXS
+24.5% gap
STXS
36.3%
11.8%
SLNH
Higher net margin
STXS
STXS
220.7% more per $
STXS
-64.0%
-284.7%
SLNH
Faster 2-yr revenue CAGR
STXS
STXS
Annualised
STXS
12.1%
-8.8%
SLNH

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SLNH
SLNH
STXS
STXS
Revenue
$8.4M
$8.6M
Net Profit
$-24.0M
$-5.5M
Gross Margin
9.5%
50.1%
Operating Margin
-92.5%
-65.4%
Net Margin
-284.7%
-64.0%
Revenue YoY
11.8%
36.3%
Net Profit YoY
-233.2%
26.4%
EPS (diluted)
$-1.14
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SLNH
SLNH
STXS
STXS
Q4 25
$8.6M
Q3 25
$8.4M
$7.5M
Q2 25
$6.2M
$8.8M
Q1 25
$5.9M
$7.5M
Q4 24
$8.3M
$6.3M
Q3 24
$7.5M
$9.2M
Q2 24
$9.7M
$4.5M
Q1 24
$12.5M
$6.9M
Net Profit
SLNH
SLNH
STXS
STXS
Q4 25
$-5.5M
Q3 25
$-24.0M
$-6.5M
Q2 25
$-7.4M
$-3.8M
Q1 25
$-7.6M
$-5.8M
Q4 24
$-40.0M
$-7.5M
Q3 24
$-7.2M
$-6.2M
Q2 24
$-10.9M
$-5.8M
Q1 24
$-5.3M
$-4.5M
Gross Margin
SLNH
SLNH
STXS
STXS
Q4 25
50.1%
Q3 25
9.5%
54.9%
Q2 25
6.3%
52.0%
Q1 25
5.7%
54.4%
Q4 24
-360.8%
50.7%
Q3 24
-39.1%
44.6%
Q2 24
34.6%
73.6%
Q1 24
45.4%
57.6%
Operating Margin
SLNH
SLNH
STXS
STXS
Q4 25
-65.4%
Q3 25
-92.5%
-87.8%
Q2 25
-107.6%
-45.2%
Q1 25
-120.9%
-79.3%
Q4 24
-426.0%
-120.3%
Q3 24
-119.8%
-69.0%
Q2 24
-38.0%
-133.7%
Q1 24
3.2%
-69.0%
Net Margin
SLNH
SLNH
STXS
STXS
Q4 25
-64.0%
Q3 25
-284.7%
-86.6%
Q2 25
-119.9%
-43.5%
Q1 25
-127.3%
-77.9%
Q4 24
-483.8%
-118.5%
Q3 24
-95.5%
-67.3%
Q2 24
-112.4%
-129.6%
Q1 24
-41.9%
-65.5%
EPS (diluted)
SLNH
SLNH
STXS
STXS
Q4 25
$-0.06
Q3 25
$-1.14
$-0.07
Q2 25
$-0.93
$-0.05
Q1 25
$-1.21
$-0.07
Q4 24
$-7.14
$-0.09
Q3 24
$-1.56
$-0.08
Q2 24
$-3.62
$-0.07
Q1 24
$-2.62
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SLNH
SLNH
STXS
STXS
Cash + ST InvestmentsLiquidity on hand
$13.4M
Total DebtLower is stronger
$13.3M
Stockholders' EquityBook value
$14.5M
$13.5M
Total Assets
$152.0M
$52.3M
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLNH
SLNH
STXS
STXS
Q4 25
$13.4M
Q3 25
$10.5M
Q2 25
$7.0M
Q1 25
$10.6M
Q4 24
$12.2M
Q3 24
$10.7M
Q2 24
$14.7M
Q1 24
$17.6M
Total Debt
SLNH
SLNH
STXS
STXS
Q4 25
Q3 25
$13.3M
Q2 25
$10.0M
Q1 25
$10.2M
Q4 24
$7.1M
Q3 24
$8.1M
Q2 24
$9.0M
Q1 24
Stockholders' Equity
SLNH
SLNH
STXS
STXS
Q4 25
$13.5M
Q3 25
$14.5M
$6.3M
Q2 25
$-19.5M
$1.5M
Q1 25
$-16.1M
$2.9M
Q4 24
$-12.5M
$6.1M
Q3 24
$20.9M
$10.8M
Q2 24
$24.4M
$11.4M
Q1 24
$21.5M
$14.6M
Total Assets
SLNH
SLNH
STXS
STXS
Q4 25
$52.3M
Q3 25
$152.0M
$45.6M
Q2 25
$92.0M
$41.2M
Q1 25
$90.0M
$45.7M
Q4 24
$88.0M
$46.7M
Q3 24
$97.3M
$50.9M
Q2 24
$98.7M
$36.0M
Q1 24
$90.6M
$39.5M
Debt / Equity
SLNH
SLNH
STXS
STXS
Q4 25
Q3 25
0.92×
Q2 25
Q1 25
Q4 24
Q3 24
0.39×
Q2 24
0.37×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SLNH
SLNH
STXS
STXS
Operating Cash FlowLast quarter
$-2.2M
$-4.0M
Free Cash FlowOCF − Capex
$-6.8M
FCF MarginFCF / Revenue
-81.4%
Capex IntensityCapex / Revenue
55.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-34.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLNH
SLNH
STXS
STXS
Q4 25
$-4.0M
Q3 25
$-2.2M
$-4.2M
Q2 25
$-1.1M
$-3.7M
Q1 25
$-177.0K
$-1.8M
Q4 24
$-5.1M
$1.3M
Q3 24
$61.0K
$-4.3M
Q2 24
$-7.3M
$-3.1M
Q1 24
$3.9M
$-2.3M
Free Cash Flow
SLNH
SLNH
STXS
STXS
Q4 25
Q3 25
$-6.8M
Q2 25
$-9.7M
Q1 25
$-4.0M
Q4 24
$-13.9M
Q3 24
$-3.4M
$-4.3M
Q2 24
$-7.6M
Q1 24
$3.3M
FCF Margin
SLNH
SLNH
STXS
STXS
Q4 25
Q3 25
-81.4%
Q2 25
-156.8%
Q1 25
-67.1%
Q4 24
-168.3%
Q3 24
-44.8%
-47.2%
Q2 24
-78.2%
Q1 24
26.5%
Capex Intensity
SLNH
SLNH
STXS
STXS
Q4 25
Q3 25
55.2%
0.0%
Q2 25
139.0%
Q1 25
64.2%
Q4 24
107.0%
Q3 24
45.6%
0.1%
Q2 24
2.5%
Q1 24
4.2%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SLNH
SLNH

Data Hosting Revenue$5.3M62%
Cryptocurrency Mining Revenue$2.8M33%
Other$389.0K5%

STXS
STXS

Disposables Service And Accessories$5.3M61%
Systems$3.4M39%

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